(1) Departamento de Economía, Universidad Pública de Navarra, Campus Arrosadia, 31006 Pamplona, Spain;(2) Departamento de Matemática e Informática, Universidad Pública de Navarra, Campus Arrosadia, 31006 Pamplona, Spain
Abstract:
This work analyzes the issue of ranking the levels of well-being enjoyed by an agent when dealing with her opportunity set in a freedom of choice context. We try to propose a natural extension of a preference relation over a (possibly) infinite set X to its power set, compatible with the finite Leximax criterion.This research has been supported by Comisión Interministerial de Ciencia y Tecnología, SEC2000-0838 (Ballester), and Dirección General de Enseñanza Superior e Investigación Científica, PB98-0551 (De Miguel).